Uh OH, Trump and Pence held call on economy with key investors

[yortsed snacilbuper]

Trump and Vice President Mike Pence held a call to discuss the coronavirus impact on the economy, according to sources.

Investors on the call included Third Point’s Dan Loeb, Blackstone’s Stephen Schwarzman, Vista Equity’s Robert Smith, Intercontinental Exchange’s Jeffrey Sprecher and Paul Tudor Jones, hedge fund manager and co-founder of JUST Capital.

The call with some of Wall Street’s top investors and hedge fund leaders was less focused on potential actions the administration could take to mitigate the impact of the novel coronavirus. Instead, it was more focused on how America’s top money managers are viewing markets and the U.S. economy, the people familiar with the matter said.

link

The fix is in.

Al

[gratuitous]

1. Because who would know better?

It's a public health crisis, so naturally Trump turns to rich people to figure out what his next move is. If those fancy-pants egghead doctors knew anything, they'd be a lot richer and Trump would listen to them.

Let's just see what the wealthy think of the hoi polloi.

[pat_k]

2. I'll say it again: Investment in the nation in the form of a wealth tax.

This needs to be "on the table" now.

These guys want to refill their coffers? Quit looking for a government handout with no offset. Make peace with an investment in the health of the nation that will help rebuild social and economic structures from the ground up -- and thereby help them recoup losses and benefit from a more stable and resilient economy in the long term.

https://www.democraticunderground.com/100213147368#post3

[dalton99a]

3. The little guy, the forgotten Americans who struggle to make ends meet

He's their champion